Brewery Exchange in Lowell no longer pouring cold ones

LOWELL -- If you're looking for a place to grab drinks with friends Friday night, cross the Brewery Exchange off your list.

A sign posted on the front door of the food, beer and live music establishment at 201 Cabot Street informs patrons of the Brewery Exchange's permanent closure.

The sign also states that any scheduled private functions will be honored next door at Lowell Beer Works.

As of noon on Friday, co-owner Wayne Brasco had not yet returned a message requesting comment.

License Commission Executive Secretary Ryan Wynn said Friday that Brasco owned the business via a loan from Rockland Trust and that the bank auctioned the property on Dec. 7. Wynn said he did not know the outcome of the auction.

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